The currency pair Australian Dollar/Canadian Dollar (AUD/CAD) goes from the bearish trendline down.
A continuation of the bearish trend downwards to the next support line at 0.95446 is considered certain.
Caution: A possible change in the direction of resistance at 0.96202 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which is often a bearish signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.96614 |
| 2nd High | 0.96345 |
| Next High | 0.96202 |
| Current Price | 0.95461 |
| Next Low | 0.95446 |
| 2nd Low | 0.94644 |
| 3rd Low | 0.9445 |
0.96202 – 0.96345 – 0.96614 – 0.95533 – 0.95821 – 0.95641 —
0.95690 – 0.95551 —
36.102287850912 – 42.3973786022 —
– —
0.96202 – 1772787600
Trading Signals: FOREX – AUD – AUD/CAD – CAD – – – – – – – – – –